NEW CONSTRUCTION
SAN TAN VALLEY, AZ 85140
4bd • 3ba • Built: 2026
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Projected Rent | $40,800 | $42,024 | $43,285 | $44,583 | $45,921 | $47,298 | $48,717 | $50,179 | $51,684 | $53,235 |
| Vacancy Losses | ($3,264) | ($3,362) | ($3,463) | ($3,567) | ($3,674) | ($3,784) | ($3,897) | ($4,014) | ($4,135) | ($4,259) |
| Operating Income | $37,536 | $38,662 | $39,822 | $41,017 | $42,247 | $43,515 | $44,820 | $46,165 | $47,549 | $48,976 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($1,912) | ($1,969) | ($2,028) | ($2,089) | ($2,152) | ($2,216) | ($2,283) | ($2,351) | ($2,422) | ($2,495) |
| Insurance | ($1,195) | ($1,231) | ($1,268) | ($1,306) | ($1,345) | ($1,385) | ($1,427) | ($1,470) | ($1,514) | ($1,559) |
| Management Fees | ($1,032) | ($1,063) | ($1,095) | ($1,128) | ($1,162) | ($1,196) | ($1,232) | ($1,269) | ($1,307) | ($1,347) |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | ($1,332) | ($1,372) | ($1,413) | ($1,456) | ($1,499) | ($1,544) | ($1,590) | ($1,638) | ($1,687) | ($1,738) |
| Maintenance | ($816) | ($840) | ($866) | ($892) | ($918) | ($946) | ($974) | ($1,004) | ($1,034) | ($1,065) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,287) | ($6,476) | ($6,670) | ($6,870) | ($7,076) | ($7,288) | ($7,507) | ($7,732) | ($7,964) | ($8,203) |
| Income Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Net Operating Income | $31,249 | $32,187 | $33,152 | $34,147 | $35,171 | $36,226 | $37,313 | $38,432 | $39,585 | $40,773 |
| - Mortgage Payments | ($25,792) | ($25,792) | ($25,792) | ($25,792) | ($25,792) | ($25,792) | ($25,792) | ($25,792) | ($25,792) | ($25,792) |
| = Cash Flow | $5,457 | $6,394 | $7,360 | $8,355 | $9,379 | $10,434 | $11,521 | $12,640 | $13,793 | $14,981 |
| + Principal Reduction | $4,402 | $4,674 | $4,962 | $5,268 | $5,593 | $5,938 | $6,304 | $6,693 | $7,106 | $7,544 |
| + Appreciation | $28,679 | $30,400 | $32,224 | $34,158 | $36,207 | $38,380 | $40,682 | $43,123 | $45,711 | $48,453 |
| = Gross Equity Income | $38,539 | $41,468 | $44,546 | $47,780 | $51,179 | $54,752 | $58,507 | $62,457 | $66,610 | $70,978 |
| Capitalization Rate | 6.2% | 6.0% | 5.8% | 5.7% | 5.5% | 5.3% | 5.2% | 5.0% | 4.9% | 4.8% |
| Cash on Cash Return | 4.4% | 5.1% | 5.9% | 6.7% | 7.5% | 8.4% | 9.3% | 10.2% | 11.1% | 12.1% |
| Return on Equity | 25.3% | 22.1% | 19.8% | 18.1% | 16.7% | 15.6% | 14.7% | 14.0% | 13.3% | 12.8% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $506,669 | $537,070 | $569,294 | $603,451 | $639,658 | $678,038 | $718,720 | $761,843 | $807,554 | $856,007 |
| - Loan Balance | ($354,090) | ($349,416) | ($344,454) | ($339,186) | ($333,593) | ($327,655) | ($321,351) | ($314,658) | ($307,552) | ($300,008) |
| = Equity | $152,579 | $187,653 | $224,839 | $264,265 | $306,065 | $350,383 | $397,369 | $447,186 | $500,002 | $556,000 |
| Loan-to-Value Ratio | 69.9% | 65.1% | 60.5% | 56.2% | 52.2% | 48.3% | 44.7% | 41.3% | 38.1% | 35.0% |
| Potential Cash-Out Refi | $101,912 | $133,946 | $167,910 | $203,920 | $242,099 | $282,579 | $325,497 | $371,001 | $419,247 | $470,399 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $152,579 | $187,653 | $224,839 | $264,265 | $306,065 | $350,383 | $397,369 | $447,186 | $500,002 | $556,000 |
| - Closing Costs | ($35,467) | ($37,595) | ($39,851) | ($42,242) | ($44,776) | ($47,463) | ($50,310) | ($53,329) | ($56,529) | ($59,921) |
| = Proceeds After Sale | $117,112 | $150,058 | $184,989 | $222,024 | $261,289 | $302,920 | $347,059 | $393,857 | $443,473 | $496,079 |
| + Cumulative Cash Flow | $5,457 | $11,851 | $19,211 | $27,566 | $36,945 | $47,379 | $58,900 | $71,541 | $85,334 | $100,315 |
| - Approximate Cash Invested | ($124,277) | ($124,277) | ($124,277) | ($124,277) | ($124,277) | ($124,277) | ($124,277) | ($124,277) | ($124,277) | ($124,277) |
| = Net Profit | ($1,708) | $37,632 | $79,923 | $125,312 | $173,957 | $226,022 | $281,682 | $341,120 | $404,530 | $472,116 |
| Internal Rate of Return | -1.4% | 14.4% | 18.7% | 20.0% | 20.4% | 20.3% | 20.1% | 19.7% | 19.4% | 19.0% |
| Return on Investment | -1.4% | 30.3% | 64.3% | 100.8% | 140.0% | 181.9% | 226.7% | 274.5% | 325.5% | 379.9% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.